KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.07

Today's Change

-0.005 (6.67%)

Day's Change

0.065 - 0.07

Trading Volume

5,351,100


72 people like this.

59,032 comment(s). Last comment by Woodswater 13 hours ago

nextan

713 posts

Posted by nextan > 2021-09-02 20:46 | Report Abuse

Just wonder why MAA interested in this loss making company for what?

Posted by bullmarket1628 > 2021-09-02 20:47 | Report Abuse

Maa just bought 7% price already hit 0.28,
If bought 10% price will be 0.50
If bought 20% price will be RM1.00
If bought 30% price will be RM1.50
If bought 40% price will be RM2.00
If bought 51% to have full control
of the company price will be RM3.00

Huat ah, Heng ah, Ong ah !

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2021-09-02 20:50 | Report Abuse

Value investing.So many cheap company.But my follower ask to sell at 28-29 cent.Let see 22-23 cents support first.No straight line upward.

Posted by bullmarket1628 > 2021-09-02 20:57 | Report Abuse

KNM is like the golden goose that laying golden eggs !
That’s why MAA knew it and quickly bought it before other people buy it infront of them !

KNM’s multinasional diversified in a lot of business sector including the most valuable Borsig & renewable energy with plants in Thailand & also got plants in England !

Huat ah, Heng ah, Ong ah !

Posted by birkincollector > 2021-09-02 21:03 | Report Abuse

MAA cash rich and Yaacob love to goreng

nextan

713 posts

Posted by nextan > 2021-09-02 21:29 | Report Abuse

I bought a above 1.00 few year ago,now only up to 30 cent.dun know how many year still need to wait for this counter to reach above 1.00

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-02 21:42 | Report Abuse

Rm2.00 coming... In KNM we trust

nextan

713 posts

Posted by nextan > 2021-09-02 21:48 | Report Abuse

2.00 can reach but in what years?
1 year,3 years..5 years....

Woodswater

3,783 posts

Posted by Woodswater > 2021-09-02 22:41 | Report Abuse

judge ourself
trade at own risk
enjoy the show ( LU/LD)

Woodswater

3,783 posts

Posted by Woodswater > 2021-09-02 22:42 | Report Abuse

马联保险(MAA,1198,主板金融服务组)宣布以每股18仙或总值2378万7269令吉,向Ithmaar银行收购TURIYA公司(TURIYA,4359,主板科技组)的57.78%股权。

由于触及全面献购门槛,马联保险将以相同的每股18仙价位全部献购剩余未持有的股票。

马联保险倾向于保持TURIYA公司的上市地位。

bware of trap forever
wakakakaka

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-02 23:06 | Report Abuse

Oil price flying now..
Tomorrow another new high

Posted by daretocutandchange > 2021-09-02 23:49 | Report Abuse

watch out .....Armada.....1q eps 2.77cts,2q 2.38cts.1h eps 5.15cts,if annually 10.3cts.pe 4.36 so cheap.maxis boss control.

izoklse

5,272 posts

Posted by izoklse > 2021-09-03 00:48 | Report Abuse

Previously in June this year, MAA proposed to acquire a 57.78% stake in Turiya Bhd from Ithmaar Bank BSC for RM23.8 million, in a bid to extend a mandatory takeover offer on the machinery and chemicals manufacturer.

The group proposed to acquire 132.15 million Turiya shares from Ithmaar Bank at 18 sen per share. It also intends to maintain Turiya's listing status on Bursa Malaysia.

However, Empire Holdings Bhd, which is Turiya's largest shareholder, was granted an injunction by the High Court to restrain MAA Group from taking any further action in relation to the acquisition until further orders from the court.


MAA failed to takeover Turiya Bhd...Now MAA eye are on KNM.....is there any potential of Mandatory takeover ? very interesting.

Posted by bullmarket1628 > 2021-09-03 07:26 |

Post removed.Why?

bulldog

12,157 posts

Posted by bulldog > 2021-09-03 08:08 | Report Abuse

Accumulation in progress

Huat chaiii

iPlay

1,812 posts

Posted by iPlay > 2021-09-03 08:48 | Report Abuse

accumulated already...we will see today !!!

Huat chai ah !

Zrenxy

620 posts

Posted by Zrenxy > 2021-09-03 09:14 | Report Abuse

Limit up handal also...soon

Posted by Batman_Return > 2021-09-03 09:14 | Report Abuse

Gogogo knm. Meridian will follow

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-03 09:18 | Report Abuse

Go uppppppppp...
Tp0.50

Posted by bullmarket1628 > 2021-09-03 09:21 |

Post removed.Why?

Survivor13

710 posts

Posted by Survivor13 > 2021-09-03 09:21 | Report Abuse

Great job KNM, those FUD ppl all gone missing. hahaha

nasgee

854 posts

Posted by nasgee > 2021-09-03 09:21 | Report Abuse

LU 2dy

Posted by Keeninvestor11 > 2021-09-03 09:48 | Report Abuse

MAA will continue to acquire to gain control. I believe the price should be higher. No point to sell at this price. Anyway my 2 sen opinion only.

Davidl

1,816 posts

Posted by Davidl > 2021-09-03 10:15 | Report Abuse

Strong uptrend momentum stock!

ocbc

1,184 posts

Posted by ocbc > 2021-09-03 10:24 | Report Abuse

MAA will provide the necessary cash for the future project. That is good news.

striker888

245 posts

Posted by striker888 > 2021-09-03 10:29 | Report Abuse

Borsig Borsig Borsig, more like Bullshit Bullshit Bullshit, ha-ha

Posted by Jonathan Keung > 2021-09-03 10:32 | Report Abuse

MAA need to acquire at least 10% stake to seek board representative

Trader9

75 posts

Posted by Trader9 > 2021-09-03 10:36 | Report Abuse

i sold all. left hand to right hand..

starc30

44 posts

Posted by starc30 > 2021-09-03 10:37 | Report Abuse

Upup..... Knm......

Woodswater

3,783 posts

Posted by Woodswater > 2021-09-03 10:52 | Report Abuse

Trader9 i sold all. left hand to right hand..
03/09/2021 10:36 AM

smart !
wait to reenter at lower
those buy hi later pls don't cry oh
wakakakaka

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-09-03 11:02 | Report Abuse

this transaction is super fishy...MAA cant even tell the true core business and advantage of KNM by simply looking at its NTA and "improved oil price" ? even a newbie can tell the same things. BTW MAA already made 10m unrealised capital gain based on the entry price of 22.7 cents within a month. it's definitely a good "investment" for them.

GGecko

1,937 posts

Posted by GGecko > 2021-09-03 11:11 | Report Abuse

investment is the rite word like u said. u can bet that MAA will sell KNM as soon as the made further millions from this so called investment. so, is it fishy? no. is it opportunistic..yes. MAA is following the playbook made by FINTEC

beluga

293 posts

Posted by beluga > 2021-09-03 11:12 | Report Abuse

maybe MAA already got 10% ? if they are smart which i'm sure they are, they would have acquired more shares from the open market yesterday on 2 sep before all the necessary disclosure. let's see later this evening if there's any notice.

their announcement yesterday dated 2 sep was for accumulation from 3 aug - 1 sep.

"the Company has acquired to date over the period from 3 August 2021 to 1 September 2021 from the open market a total of 233,001,800 ordinary shares of KNM Group Berhad (“KNMG”) at an average price of RM0.227 per share, representing 7.01% of the total issued share capital of KNMG for a total purchase consideration of RM52,891,408.60 "

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-09-03 11:27 | Report Abuse

perhaps it's just an usual investment done by MAA. I don't think they are keen on long term relationship with KNM. once they make enough bucks they will sell away their holding

param1

782 posts

Posted by param1 > 2021-09-03 11:34 | Report Abuse

lol

Vhydro

1,581 posts

Posted by Vhydro > 2021-09-03 11:43 | Report Abuse

Poor hotstuff

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-03 11:43 | Report Abuse

Oh yeah MAA invest for fun syiok?
OK alright... I pass on.. Done..
Lol

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-03 11:44 | Report Abuse

In KNM we trust.

More upward gain..monday will be explosive boom upwards

mm310

437 posts

Posted by mm310 > 2021-09-03 11:53 | Report Abuse

maa deficit was -5m last quarter and now make 10m so good income for them, but guess they will move up the price further before selling off

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-09-03 11:54 | Report Abuse

you are truly blind and baseless by shouting unrealistic TP as usual.

Ninja _07

550 posts

Posted by Ninja _07 > 2021-09-03 12:06 | Report Abuse

I bought at 0.19 and sold all on average at 0.277

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-03 12:40 | Report Abuse

Hotstuffs only know hotbabes
He don't know anything bout knm

Posted by Keeninvestor11 > 2021-09-03 12:54 | Report Abuse

Lol

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-03 13:00 | Report Abuse

0.35
0.40
0.55
0.70
0.90
1.40
1.80
2.30
2.60
3.10<---TP

striker888

245 posts

Posted by striker888 > 2021-09-03 13:15 | Report Abuse

Sardin is out touting Bullshit again, ha-ha

Of course the Mr Market disagrees

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-03 13:21 | Report Abuse

I support sardine all the way...
Even underwear sold.. I will still support him.
Knm is really hidden gems.

nasgee

854 posts

Posted by nasgee > 2021-09-03 14:35 | Report Abuse

right agree wth u..Sardin u r the best..

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